Properties

Description

This property has a great rent roll to make any purchaser happy with its return on investment. The one-family home has a rent of $2,430.00, The rear apt is rented for $2,300, The restaurant rent is $2,100, and the rear apt behind the restaurant is $2,200.00. The listing is being sold as a 4-unit property with the address of 100,102,104 3rd Ave Paterson. The total taxes for the property is $19,620.00 for all the units. The 4 garages have a total rent of $2,175.00 per month. THE CAP RATE IS CLOSE TO 11%.

Features

  • Heating System : 4+ Units, Baseboard - Hotwater, Forced Hot Air
  • Basement : Partial
  • Roof Deck : Asphalt Shingle
  • Parking : 8
  • Parking Description: 2 Car Width, Blacktop, Driveway-Shared, Off-Street
  • Interior Features: Carbon Monoxide Detector, Fire Extinguisher, Smoke
  • Exterior Features: Curbs, Sidewalk, Storm Door(s), Storm Window(s)
  • Lot Description: Level Lot
  • Tax Assessed Valuation: 197800
  • Sewer: Public Sewer
  • Water: Public Water

Appliances

  • Utilities: All Underground

Additional Info

  • Office Name: COLDWELL BANKER SUSANI REALTY
  • Office MLS ID: 1803
  • Agent ID: 247919
  • Tax: 19620
  • Tax Year: 2023
  • Application Fee: $0

Multi-Family For Sale

For Sale
$1,200,000

100 3rd Ave, Paterson City, *

  • SQFT 50 Acre
  • Bedroom 10

Details

  • Property Type: Multi-Family
  • Listing Type: For Sale
  • Listing ID: 5295621
  • Price: $1,200,000
  • Bedrooms: 10
  • Bathrooms: 0
  • Half Bathrooms: 0
  • Square Footage: 0 Sqft
  • Year Built: 0
  • Lot Area: 50 Acre
  • Status: Active
  • Days On Market: 83

Contact Agent

Map

Address Map

  • Country US
  • County Passaic
  • City Paterson City
  • Zipcode *
  • Subdivision: Riverside
  • Street: 3rd Ave
  • Street Number: 100
  • Street Direction: Madison Ave to 3rd Ave between E22nd and E23rd St.
  • Floor Number: 0
  • Longitude: W75° 51' 12.3''
  • Latitude: N40° 56' 14''
  • Unit Number: 4
  • Internet Display Address: No
Property